AfDB denies asking Adesina to resign over fresh probe/ Akinwumi Adesina

The African Development Bank (AfDB) has dismissed reports in some quarters that the organisation has asked Akinwumi Adesina, its President, to resign.

AfDB's Chiarperson of the board of Governors, Niale Kaba, in a statement on Thursday, said the board has not reached a decision on a request by the US to carry out an independent investigation into allegations of favouritism against Adesina.

“On Tuesday, May 26, the office of the board of governors of the African Development Bank Group held a meeting to examine the matter arising from a complaint from the board of directors of the bank, and about that which I received from some shareholders expressing different points of view,” she was quoted as saying in the statement by TheCable, an online newspaper.

“The office which I chair wishes to reassure the public that it has taken up the matter and is treating it with the greatest rigour and with all the seriousness that it deserves.

“However, the office informs the public that no decision has been made as falsely conveyed in some publications.

“Everyone must allow the Office to do its work and let the process of examining this case to take its course. The opinion of all the governors will be sought for its successful outcome.”

AfDB's statement comes hours after Bloomberg reported on Wednesday that the board had okayed demands of the US Treasury Secretary, Steven Mnuchin, to carry out an independent investigation.

The US Treasury Secretary had written Kaba, expressing disagreement with the decision of the bank’s ethics committee which absolved Adesina of the allegations.